CHENNAI: Greaves Cotton saw its standalone net profit for Q1FY24 dip to Rs 33.8 crore down from Rs 35.63 crore in the year-ago period. Standalone revenue stood at Rs 396 crore for the first quarter compared to Rs 373.62 crore last Q1. The company has reported an improvement in standalone margins with quarterly EBITDA at […]
Greaves Cotton Q1 profit after tax dips Read More »
The cotton crop in North India is under the threat of pink bollworm (PBW) attacks and the intensity of pest attacks is seen higher this year compared to the last two years. While PBW was observed in cotton only at the end of the season in North during kharif 2022-23, this year the pest has
Pink bollworm threatens cotton crop in North India Read More »
The Indian government has postponed by three months its decision to implement the Cotton Bales (quality control) Order, 2023. The order will be implemented from November 27, instead of August 28, a gazette order issued by the Ministry of Textiles late on Tuesday night said. The decision to defer the implementation came after a request from
India defers cotton quality control order by 3 months Read More »
India’s cotton yarn exports have continued declining in January-May ’23 period, signaling an acute shortage in demand. The country has witnessed a drop of 32 per cent in cotton yarn export in the said period on a Y-o-Y basis clocking US $ 1.32 billion in revenue as compared to US $ 1.95 billion in revenue
